Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity.
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Category: First American
Housing starts post unexpected slide in June
The drop in the pace of new-home construction follows a significant surge the month before, according to government statistics.
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New-home sales surge in May
Demand for newly built homes has remained strong as high interest rates keep many would-be sellers of existing homes off the market.
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Single-family home starts jump in May
The larger-than-expected increase comes as homebuilder sentiment rose for the sixth month in a row.
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New-home sales rise for fifth month in a row
A shortage of existing inventory continues to drive buyers to new construction.
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Single-family starts rise in April
Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market.
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March brings rise in single-family construction
U.S. government data shows builders increased the pace of single-family home construction while slowing the pace of multifamily starts.
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Optimism for spring selling season grows with third monthly rise in pending sales
The National Association of REALTORS® Pending Home Sales Index rose for the third month in a row, suggesting the housing market’s contraction could be “coming to an end.”
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Surprise surge in new-home sales in May as median price falls
New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
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Surprise surge in new-home sales in May as median price falls
New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
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